Uber Technologies News

Uber: Giving UK Drivers Workers’ Rights Would Cost Millions of Pounds

Uber said on Tuesday that paying National Insurance contributions for its British drivers would add tens of millions of pounds to the taxi app’s costs were they to be deemed employees. Uber currently classifies its around 50,000 drivers in Britain …

Uber Drivers Will Need Licenses, Insurance in Australia’s Queensland

Ride-booking operators and drivers, such as those from Uber Technologies Inc., will need licenses to offer their services in the Australian state of Queensland under new regulations announced Sunday in Brisbane. The eligibility tests for drivers and booking entities will …

Dubai Stages First Public Test of Drone Taxi Service with Electric Volocopter

Talk about rising above the masses. Dubai staged the first public test of its drone taxi service on Monday, offering a peek at what it might—or will—be like to commute by flying car. The self-piloting, electric Volocopter is less noisy …

Uber CEO Apologizes to Londoners for Taxi App’s Mistakes

Uber’s new boss Dara Khosrowshahi apologized to Londoners for the taxi app’s mistakes and pledged to make changes as the Silicon Valley firm tries to overturn a decision to strip it of its license in one of its major markets. …

London Decides to Strip Uber of Its License; Uber Will Appeal

London stripped Uber on Friday of its license to operate from the end of September in a huge blow to the taxi app that will affect more than 40,000 drivers in one of the world’s biggest cities. Regulator Transport for …

Toyota Makes Strategic Investment in Grab, SE Asia’s Leading Ride-Sharing Firm

Toyota Motor Corp. is pushing deeper into the ride-sharing business. The Japanese carmaker is making a strategic investment in Grab, Southeast Asia’s leading ride-hailing operator, and said it will work with the company to provide services in Southeast Asia. Toyota …

Uber Provides Free Accident Insurance for More Than 450,000 Indian Drivers

Uber Technologies Inc. rolled out a free insurance program for more than 450,000 drivers registered on its ride-hailing app in India, seeking to attract more drivers. The San Francisco-based company, which this week chose a new chief executive officer, said …

Uber Improves Work Conditions for UK Drivers Including Tipping via App

Taxi app Uber will improve conditions for its British drivers with changes including in-app tipping, after criticism from lawmakers and unions for not giving them more rights. Drivers for Uber, food courier Deliveroo and other apps tend to work for …

Reinsurers Invest in Fintech Startups to Diversify and Grow in Soft Market

When Micah Carr-Hill wanted to insure Chief, the Labrador that helps with his son’s autism therapy, he found an ally in Munich Re, the world’s biggest reinsurer. The German company had just teamed up with a U.K. internet startup to …

AXA to Provide Accident Cover for Uber Drivers in France

Uber and insurance group AXA have joined forces in France to offer accident cover for drivers who work for the ride hailing service after it faced criticism over their treatment. In France, as in other countries, Uber has been challenged …